BERLIN (Reuters) – Siemens shareholder and employee representatives want to extend the contract of Chief Executive Roland Busch and offer him a second term in office, German business daily Handelsblatt…
BERLIN (Reuters) – Volkswagen is speaking with potential partners, including France’s Renault, about cooperating on the development of its 20,000-euro ($21,476) electric car, Germany’s Handelsblatt newspaper reported on Friday, citing…
BERLIN (Reuters) – Volkswagen’s Skoda unit expects some delays in the production of its Enyaq electric models during November and December due to supply bottlenecks, German business daily Handelsblatt reported…
BERLIN (Reuters) – German financial regulator BaFin will send a special monitor to Deutsche Bank following problems at its Postbank unit, German daily Handelsblatt reported on Sunday citing sources close…
BRUSSELS/FRANKFURT (Reuters) – The European Commission has demanded that German gas importer Uniper divest its Dutch business to obtain regulatory approval for a rescue deal, German daily Handelsblatt reported, citing…
(Reuters) – Intel and the German government are close to an agreement for the chipmaker to receive 9.9 billion euros ($10.83 billion) in subsidies, up from a previously agreed 6.8…
BERLIN (Reuters) – German Finance Minister Christian Lindner on Tuesday rejected a plan by Economy Minister Robert Habeck to introduce an industrial electricity price. Such a move would be “economically…
(Reuters) – The United States and the European Commission have negotiated a possible agreement to allow for electric vehicles with critical minerals extracted or processed in the European Union to…
FRANKFURT (Reuters) – Goldman Sachs Group Inc President and Chief Operating Officer John Waldron said some smaller banks will need more capital and the sector should brace for stricter regulation…
FRANKFURT (Reuters) – German Chancellor Olaf Scholz sought to assuage fears that the collapse of Silicon Valley Bank and problems at Credit Suisse might trigger a new financial crisis, saying…
BERLIN (Reuters) – Germany’s Economy Ministry has cleared the sale of drinks company Brandenburger Urstromquelle to Austria-based Red Bull despite the buyer’s Hong Kong connection, German business daily Handelsblatt reported…
BERLIN (Reuters) – The European Central Bank should raise interest rates by 50 basis points at each of its next four meetings as inflation is proving to be stubborn, Austrian…
BERLIN (Reuters) – Software maker SAP will not develop any new functions for its Business ByDesign software for small and medium-sized firms from the second quarter of 2023, German daily…
BERLIN (Reuters) – Volkswagen Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at a supervisory board meeting on Dec. 15, Handelsblatt newspaper reported on…
BERLIN (Reuters) – Mercedes-Benz is recalling more than 100,000 C-class models due to the possibility that moisture could enter the signal acquisition module (SAM) if water were to get into…
BERLIN (Reuters) – UniCredit is eyeing acquisitions in Germany as part of plans by Italy’s second-biggest bank to become a fully developed European bank, Chief Executive Andrea Orcel told German…
BERLIN (Reuters) – SAP will increase its prices from the turn of the year due to high inflation, the Handelsblatt business daily reported on Monday, citing a letter from the…
BERLIN (Reuters) – Volkswagen aims to enter the mining business in Canada to ensure its raw material supply for battery production, a board member for the German carmaker told Handelsblatt…
BERLIN – Any longer-term collapse of China as a growth market could undermine Adidas sales and profit targets up to 2025, the sports goods company told Handelsblatt business daily on…
BERLIN – The credit line facility by Germany’s state-owned KfW bank for gas importer Uniper is planned to be raised to 8 billion euros ($8.2 billion) from 2 billion, Handelsblatt…
BERLIN – Volkswagen’s Audi has filed a lawsuit in a Munich court against Chinese electric vehicle maker Nio over an alleged infringement of Audi’s trademark rights, German newspaper Handelsblatt reported…
BERLIN – Mercedes-Benz CEO Ola Kaellenius ruled out the possibility that two major Chinese shareholders could increase their stakes and create a blocking minority, in an interview with German daily…
BERLIN – Deutsche Bank has relocated several hundred Russian IT experts to Berlin, offering all employees of its Russian tech center a job in Germany, the Handelsblatt newspaper reported on…
BERLIN – Volkswagen plans to continue operations at its plant in China’s Xinjiang region despite reports of human rights violations there, the chief executive said in comments published by the…
MOSCOW – Daimler Truck has suspended all cooperation with Russia’s largest truckmaker Kamaz, Germany’s Handelsblatt daily reported on Monday, in the face of severe criticism following Russia’s invasion of Ukraine.…